Is 33908, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33908 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 33908 was a Seller's Market.

Key Takeaway

33908 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33908, FL

How much do homes in 33908, FL cost?

Median Sold Price

$358,000

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$34,933(-8.9%)

Key Takeaway

Homes in 33908 have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in 33908 was $358,000 in February 2024, down 8.9% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $179K$220K
+22.9%
2 $309.9K$281.9K
-9.0%
3 $449.9K$430.1K
-4.4%
4 $787.5K$657.5K
-16.5%
5+ $1.0M$800K
-20.0%

Summary: 33908 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

33907
+6.4%
33912
+3.8%
33931
-2.8%
33919
-2.8%
33908
-8.9%

Housing Supply in 33908, FL

How many homes are available in 33908, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
904984+8.8%

Summary: The 33908 real estate market had 984 homes for sale in February 2024, a 8.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 89
+12.5%
2 354380
+7.3%
3 430467
+8.6%
4 95105
+10.5%
5+ 1723
+35.3%

Summary: The 33908 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 35.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
7389+21.9%

Asking Price vs. Sold Price

74 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33908, you may be able to get a good deal. 83.1% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in 33908 in February 2024, up by 21.9% month-over-month. Of the 89 sold homes, 83% were sold under asking, 12% were sold at asking, and 4% were sold over asking.

Days on Market for 33908, FL

How long does it take to sell a home in 33908, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
24 Days87 Days+250.5%

Summary: Homes in 33908 had an average of 87 days on market in Feb 2024, up by 250.5% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33908 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 89 homes were sold in 33908; 31% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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